XRP Price Heading To $4 Spike As Trump Inauguration Approaches – Whale Transfers $95 Million
2025-01-20
XRP has been in the spotlight lately, breaking the $3 mark for the first time in seven years and gaining over 560% since November 2024. Adding to this momentum is a $95 million whale transfer, fueling speculation of a potential rally toward $4.
Meanwhile, the upcoming inauguration of Donald Trump on January 20th has investors across markets, including crypto, waiting to see how the political shift might impact regulatory and economic policies.
Big Money Moves: Whale Transfer of $95 Million
On January 19th, a transaction of 30 million XRP, valued at around $95.5 million, was recorded. The transfer from a South Korean exchange to an unknown wallet has caught the attention of analysts and traders alike.
These large-scale movements often indicate underlying confidence in the asset or preparation for market-changing events.
XRP’s market cap has now exceeded $180 billion, a remarkable achievement that further underscores its growing prominence in crypto. Analysts closely monitor whether the price can sustain itself above $3.40—a key level that could pave the way to $4.
If XRP holds this momentum, it might outperform other cryptocurrencies that have mostly been stagnant in recent weeks.
Trump’s Inauguration and Market Sentiment
The upcoming Trump inauguration has added a layer of uncertainty and anticipation for the financial markets. For crypto, regulatory expectations are front and centre.
Trump’s presidency might usher in changes, such as the appointment of a more crypto-friendly SEC chair, which could benefit XRP directly.
XRP already gained significant traction following Ripple’s legal win against the SEC in 2024, boosting investor confidence. Despite the SEC’s appeal of the decision, the possibility of clearer regulations for XRP remains a strong factor in its bullish outlook.
At the same time, the broader crypto market has been relatively quiet, with major assets like Bitcoin and Ethereum showing little movement.
This stagnation highlights XRP’s unique position, as its price action has been one of the few exciting developments in an otherwise sluggish market.
Is $4 Realistic for XRP?
XRP currently trades around $3.16, having briefly touched $3.40 earlier this week. For the price to reach $4, analysts stress the importance of sustaining support above $3.40. Falling below $2.91 could signal a pullback, but holding steady could open the door to further gains.
Source: Tradignview
A notable pattern in XRP’s price history suggests that it is breaking out of a symmetrical triangle, a structure dating back to its 2017 all-time high of $3.80.
This breakout has fueled optimism that the price could climb higher, with some even speculating on long-term targets of $15.
While this long-term outlook might seem ambitious, the $4 target feels much more within reach. The $95 million whale transfer and increased transaction volumes reflect growing interest in XRP, making it one of the most-watched assets in the market right now.
Read more about XRP:
XRP to USD: Convert Ripple to US Dollar
XRP (XRP), Market Cap, Price Today & Chart History
Conclusion
XRP is showing strong momentum at a time when most other cryptocurrencies are treading water. The combination of a $95 million whale transfer, Trump’s imminent inauguration, and the potential for regulatory clarity gives XRP a unique edge.
With analysts focusing on whether XRP can hold key price levels, the next few days will be critical in determining whether it can hit $4. As the crypto market remains unpredictable, platforms like Bitrue provide a reliable option for trading XRP and staying ahead of market movements.
If you’re considering trading XRP, Bitrue offers a seamless and secure platform to buy, sell, or hold the asset. Stay informed, act smart, and make the most of XRP’s exciting potential.
Frequently Asked Questions
1. Why is XRP’s price rising now?
XRP’s price is climbing due to factors like a $95 million whale transfer, positive market sentiment following Ripple’s legal win, and anticipation around Trump’s inauguration, which could bring favourable regulatory changes.
2. Can XRP realistically hit $4?
Yes, $4 is a realistic short-term target for XRP, provided it maintains support above $3.40. Analysts also see bullish patterns in its price charts that could drive further gains.
3. Where can I trade XRP?
You can trade XRP on Bitrue, a secure and user-friendly platform that offers competitive fees and a wide range of trading options.
Investor Caution
While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.
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